Miners generated an estimated $368 million in August. Original
Bitcoin Miners Saw 23% Revenue Increase in August
Day: September 1, 2020
A deep dive into crypto’s most notorious Ponzi scheme
The latest ruling in the class-action lawsuit against OneCoin has dismissed Konstantin Ignatov, co-founder of OneCoin, as a defendant after he agreed to testify against his sister. Ignatov is the brother of Ruja Ignatova, the infamous leader and face of OneCoin also known as “Cryptoqueen.” Ignatova disappeared in 2017 and has since managed to evade authorities and the general public. While Ignatov was dismissed from the lawsuit initiated by defrauded OneCoin investors, court documents indicate that this same case will continue to target Ignatova. Both siblings are still the defendants…
Bitcoin Nears $12K as Dollar Declines to 29-Month Low
Sell-off in the U.S. dollar and ether’s price rally power gains in bitcoin. Original
Warren Buffett to Get Out of USD and Turn to BTC, Max Keiser Says
Warren Buffett has changed his mind about gold as an investment, prompting some people to think that he might do the same with BTC. Max Keiser has predicted that the Berkshire Hathaway CEO will panic-buy Bitcoin at $50,000. It seems that the U.S. dollar is really losing its power. As a matter a fact, if it’s to believe crypto enthusiast and analyst Max Keiser, the U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs. In his latest prediction for…
Nuclearis Launches RSK-based Solution to Track Nuclear Power Plant Supply Chain
Place/Date: Argentina – September 1st, 2020 at 1:00 pm UTC · 4 min read Contact: Nuclearis, Source: Nuclearis Nuclearis, an established engineering and manufacturing firm operating in the nuclear industry, has announced the launch of an RSK-powered on-chain solution to track documents related to the nuclear power plant supply chain. The solution is developed with the assistance and consultancy of IOV Labs, the company powering the Bitcoin-powered RSK blockchain and its Infrastructure Framework (RIF). Headquartered in Buenos Aires but with commercial offices in both the United States and China, Nuclearis…
AMZN Stock Up 1%, Amazon Gets Approval for Its Drone Delivery Fleet
Amazon (AMZN) stock price is rising after the company has announced that its drone delivery fleet was approved by the FAA for trial commercial flights. The gravity-defying Amazon.com Inc (NASDAQ: AMZN) stock continued to scale higher in the new month, recording its all-time high after every breakout. As of yesterday, Monday the last day of August 2020, Amazon stock closed at $49.16 higher than the opening price, around $3401. Meanwhile, Amazon is one step closer to its drone delivery. At the time of writing, Amazon stock was up slightly above…
Prince Harry Misses His Family But Does Meghan Markle Care?
For the second year running, Prince Harry is set to miss out on the annual royal family trip to Balmoral. While Harry is reportedly upset about this, Meghan Markle is too pre-occupied, spending money that isn’t hers decorating a mansion that she didn’t pay for. If Prince Harry had any b*lls, he’d put his foot down and make the trip with Archie regardless of Meghan’s opinion. During the pandemic, everything ground to a standstill, and that was as true for Prince Harry as it was anyone else. Family visits were…
Shanghai’s Jing’an District issues blockchain-based discount coupons
The Jing’an District of Shanghai has started offering blockchain-based discount coupons. Local news outlet Shine reported that the district will issue the coupons using one of WeChat’s mini-programs operated by the Jing’an Culture and Tourism Bureau. WeChat mini-programs are smaller sub-applications built within the WeChat ecosystem to offer several online services like e-commerce, music and video streaming and translation. The tourism bureau has integrated blockchain to their WeChat mini-program to adjust the number of coupons in circulation and the validity period of each of these by analyzing how people are…
Is CipherTrace’s Monero Tracking Tool as Effective as it Claims?
A spate of exchange delistings has pushed privacy coins further to the fringes of cryptocurrency. The likes of Monero, Komodo, Bytecoin, and ZCoin have all felt the pinch of regulatory compliance in recent times. But things ramped up today as blockchain analytics firm CipherTrace publicized its new Monero tracking tool. In conjunction with the US Department of Homeland Security (DoHS), who have long been watching the development of privacy coins, forensic tools to trace Monero transactions now exist. According to CipherTrace, these tools allow search, exploration, and visualization of XMR…
Microsoft Just Leaked, and Confirmed, the Xbox Series S
Freshly-discovered official Game Pass promotional material features yet another mention of the Xbox Series S console. The redemption code for the subscription service was packaged alongside an Xbox controller. Its inclusion suggests Microsoft planned to announce the console by now. Microsoft’s elusive next-gen Xbox Series S has again appeared in the wild, further confirming that the less powerful, budget little brother to the flagship Series X is indeed real. A Twitter user by the name of @BraviaryBrendan shared their findings after recently buying a new Xbox controller directly from the…